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EURHUF Keeps Trading Above 400 Key Threshold

HUNGARY
  • USDHUF tick lower this morning, currently trading around the 380 level. ST support to watch on the downside stands at 374.10. On the topside, resistance to watch stands at 382.40.
  • EURHUF ticks lower this morning after finding a local high at 404.76 yesterday, but continues to trade above the 400 level. Next resistance to watch on the topside stands at 410.78, which corresponds to the 123.6% FIbo projection. On the downside, support to watch stands at 400.

Source: Bloomberg

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